BFF Bank S.p.A.: Rating Report

Ratings

• Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  19-Jul-23	Long-Term Issuer Rating	BB (high)	Stb	New Rating	EU U
  19-Jul-23	Short-Term Issuer Rating	R-3	Stb	New Rating	EU U
  19-Jul-23	Short-Term Debt	R-3	Stb	New Rating	EU U
  19-Jul-23	Short-Term Deposits	R-2 (middle)	Stb	New Rating	EU U
  19-Jul-23	Long-Term Deposits	BBB (low)	Stb	New Rating	EU U
  19-Jul-23	Long-Term Senior Debt	BB (high)	Stb	New Rating	EU U

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